【$GRASS Signal】Long | Breakout retest confirmation, short squeeze continues

$GRASS After experiencing a 26% violent surge in a single day, it is now consolidating healthily above the key resistance turned support level. The 4H timeframe shows a classic bullish structure with volume expansion on breakout followed by volume contraction on retest.

🎯Direction: Long

🎯Entry: 0.2150 - 0.2180

🛑Stop Loss: 0.2080 (Rigid stop loss, below the previous breakout candle low and EMA20 support)

🚀Target 1: 0.2350

🚀Target 2: 0.2500

Market analysis: Price strongly broke through EMA20(0.1854) and the upper boundary of the previous consolidation zone. Although the last 4H candle closed with a long upper shadow, buy volume imbalance(+1.41%) and significant bid depth indicate strong support below. Open interest remains stable rather than decreasing, ruling out the possibility of main players pushing up to dump.

Hardcore logic: This is a typical short squeeze scenario. Funding rate is only 0.005%, far from dangerous levels, and RSI(76) overbought condition is normal during a strong breakout. Key bullish signals include: 1) Breakout accompanied by massive volume (23.7M vs previous 4M), confirming an effective breakout; 2) Price retests the previous resistance zone at 0.215-0.218, which has now become a critical support; 3) Order book shows huge buy orders stacked in the 0.219-0.220 range (over 500,000 USDT), forming a solid defense line. ATR is 0.0097, making stop loss placement reasonable, with a risk-reward ratio >2.5.

Trade here 👇 $GRASS
$BTC

---

Follow me: Get more real-time analysis and insights on the crypto market! $ETH $SOL #我在Gate广场过新年